MF News Birla MF merges schemes

Birla MF merges schemes

Birla Mutual Fund merges Freedom Fund into Birla Sun Life ’95 Fund and Basic Industries Fund into Infrastructure Fund

Team Cafemutual Sep 19, 2011

Birla Mutual Fund merges Freedom Fund into Birla Sun Life ’95 Fund and Basic Industries Fund into Infrastructure Fund

Mumbai: Birla Mutual Fund has decided to merge Birla Sun Life Freedom Fund into Birla Sun Life ’95 Fund and Birla Sun Life Basic Industries Fund into Birla Sun Life Infrastructure Fund with effect from October 21, 2011.

Investors, who do not agree with the merger, have an option to redeem their investments from September 22, 2011 to October 21, 2011 without any exit load.

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